“Vince Cable’s proposal for a graduate tax is prominently discussed in the news. Cable proposes a graduate tax which would make repayments of student funding dependent on earnings. Partly, this is already the case: student loan repayments only start after a minimum earnings threshold has been reached. A graduate tax could vary more finely with the salary but, more importantly, it would probably not end after the original fees have been repaid …” (more)
[The Ranting Kraut, 15 July]